Artsana Group - Assistant Manager - Accounts Receivable

Assistant Manager- Accounts Receivable

Role Purpose (Looking From Only Retail Industry)

The role will be responsible for overseeing and managing accounts receivable, ensuring efficient processing of customer payments, and maintaining accurate financial records.

Key Deliverables:

Accounts Receivable Management:

- Oversee daily operations of the accounts receivable function, including invoicing, collections, and cash application.

- Ensure accurate and timely processing of customer payments and adjustments.

- Develop and implement effective credit control policies and procedures to minimize bad debt and optimize cash flow.

Sales Controlling and Commercial Sales:

- Monitor and analyse sales performance metrics to provide insights and recommendations for improving sales effectiveness.

- Collaborate with the sales team to address and resolve any issues related to accounts receivable and customer accounts.

Reconciliation:

- Perform regular reconciliation of accounts receivable ledger to ensure accuracy and completeness of financial records.

- Investigate and resolve discrepancies in a timely manner.

Commercial Finance:

- Prepare and present regular reports on accounts receivable performance, including aging reports and cash forecasts.

- Analyse financial data to support business decision-making and strategic planning.

Additional Duties (Desirable):

- Oversee GST and tax compliance related to accounts receivable.

- Assist with costing and audit processes to ensure adherence to financial controls and regulations.

The above list is not exhaustive and could evolve with changing needs and priorities of the business.